{ "ok": true, "cik": "91419", "ticker": "SJM", "name": "J M SMUCKER Co", "filings": [ { "form": "10-Q", "filed": "2026-08-26", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/91419/000009141926000080/0000091419-26-000080-index.htm" }, { "form": "8-K", "filed": "2026-08-26", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/91419/000009141926000079/0000091419-26-000079-index.htm" }, { "form": "8-K", "filed": "2026-08-17", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/91419/000009141926000076/0000091419-26-000076-index.htm" }, { "form": "DEF 14A", "filed": "2026-06-26", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/91419/000119312526283858/0001193125-26-283858-index.htm" }, { "form": "10-K", "filed": "2026-06-09", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/91419/000009141926000050/0000091419-26-000050-index.htm" }, { "form": "8-K", "filed": "2026-06-09", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/91419/000009141926000047/0000091419-26-000047-index.htm" } ], "events12m": 8, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-03-03", "url": "https://www.sec.gov/Archives/edgar/data/91419/000009141926000020/0000091419-26-000020-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000091419.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=91419" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up J M SMUCKER Co ($SJM). Last filing: 10-Q, 2026-08-26. 8 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-04-30", "revenue": 9050900000, "revenueGrowth1y": 0.03722166832834839, "revenueGrowthPerYear": 0.03137209005322039, "yearsOfData": 5, "operatingMargin": 0.03979714724502536, "operatingMarginPrior": -0.07722808585737041, "netMargin": -0.015324442873084444, "operatingCashFlow": 1473600000, "capitalSpending": 317400000, "freeCashFlow": 1156200000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 58600000, "longTermDebt": 6542800000, "longTermDebtChange": -0.07020236471123242, "revenueHistory": [ { "fiscalYearEnd": "2022-04-30", "revenue": 7998900000 }, { "fiscalYearEnd": "2023-04-30", "revenue": 8529200000 }, { "fiscalYearEnd": "2024-04-30", "revenue": 8178700000 }, { "fiscalYearEnd": "2025-04-30", "revenue": 8726100000 }, { "fiscalYearEnd": "2026-04-30", "revenue": 9050900000 } ], "totalEquity": 5543800000, "totalAssets": 16219400000, "equityRatio": 0.34180055982342133, "returnOnEquity": -0.02501894007720336, "dividendsPaid": 464700000, "payoutRatio": null, "dividendPerShare": 4.4, "dividendYearsRising": 16, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": -1.3, "sharesOutstanding": null, "bookValuePerShare": null, "revenuePerShare": null, "range80": { "low": 8286342789.465563, "high": 9985111016.52376, "baseline": 9309793404.004967, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5714285714285714, "growthYears": 5, "ownVolatility": 0.045783042603775, "classVolatility": 0.07701947805587882, "volatility": 0.06115594581563748 }, "ifPaceHeld": { "low": 8286342789.465563, "high": 9985111016.52376 } }, "edgarette": "🔖 Exposure: revenue $9.1B (FY2026), total debt $6.5B. Experience: revenue up 3.7% on the year, up 3.1% a year over 4 years; operating margin 4.0%, up from -7.7%. Soundness: equity 34.2% of assets, return on equity -2.5%, dividend per share up 16 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $8.3B and $10.0B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $7.7B to $10.7B. A statistical range, not company guidance. Against peers (47 filers, $50M+ revenue, its industry group): operating margin 4.0% against a 7.4% median; growth 3.7% against 2.7%.", "peers": { "sic": 2033, "sicDescription": "Canned, Fruits, Veg, Preserves, Jams & Jellies", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "20", "growth": [ 0.0273, 50 ], "opMargin": [ 0.0737, 47 ], "equityRatio": [ 0.4422, 46 ], "returnOnEquity": [ 0.0949, 41 ], "payoutRatio": [ 0.7155, 23 ] }, "summary": "J M Smucker (SJM) grew revenue 3.7% in FY2026 to $9.1 billion, operating margin 4.0% against a 7.4% median for canned, fruits, veg, preserves, jams & jellies, equity 34.2% of assets, and dividend per share up 16 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
J M SMUCKER Co against its own record and its peers
Operating marginPeer median 7.4%4.0%Revenue, on the yearPeer median 2.7%3.7%Equity of assetsPeer median 44.2%34.2%Return on equityPeer median 9.5%-2.5%Gold tick: the median of 41–46 peers with $50M+ revenue in canned, fruits, veg, preserves, jams & jellies
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profitHanded back per share$4.4up 16 years runningRevenue growth it managed3.7%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 6, "hits": 5, "rate": 0.8333333333333334, "method": "v4", "byYear": { "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:35:21.192Z", "hash": "05be2a49b35912a5", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "J M Smucker (SJM) grew revenue 3.7% in FY2026 to $9.1 billion, operating margin 4.0% against a 7.4% median for canned, fruits, veg, preserves, jams & jellies, equity 34.2% of assets, and dividend per share up 16 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-04-30", "revenue": 9050900000, "totalDebt": 6542800000, "cash": 58600000 }, "experience": { "revenueGrowth1y": 0.03722166832834839, "revenueGrowthPerYear": 0.03137209005322039, "operatingMargin": 0.03979714724502536, "operatingMarginPrior": -0.07722808585737041, "netMargin": -0.015324442873084444, "freeCashFlow": 1156200000 }, "soundness": { "equityRatio": 0.34180055982342133, "returnOnEquity": -0.02501894007720336, "payoutRatio": null, "dividendPerShare": 4.4, "dividendYearsRising": 16, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 2033, "sicDescription": "Canned, Fruits, Veg, Preserves, Jams & Jellies", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "20", "growth": [ 0.0273, 50 ], "opMargin": [ 0.0737, 47 ], "equityRatio": [ 0.4422, 46 ], "returnOnEquity": [ 0.0949, 41 ], "payoutRatio": [ 0.7155, 23 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 3, "latest": { "filed": "2026-03-03", "url": "https://www.sec.gov/Archives/edgar/data/91419/000009141926000020/0000091419-26-000020-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 8286342789.465563, "high": 9985111016.52376, "baseline": 9309793404.004967, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.571, "growthYears": 5, "ownVolatility": 0.045783042603775, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.06115594581563748, "k": 3 }, "stress": { "low": 7740779123.860358, "high": 10689556322.73892, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 6, "hits": 5, "rate": 0.8333333333333334, "method": "v4", "byYear": { "2021": [ 1, 1 ], "2022": [ 1, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 0, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:35:21.192Z", "hash": "05be2a49b35912a5", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000091419.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=91419" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1628, "growth3y": 0.02, "volatility": 0.0503, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.3219, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 16.3% of revenue into operating cash; revenue growing 2.0% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 56th percentile for cash, 37th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$1B-10B", "cashPctInClass": 56, "growthPctInClass": 37, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2026-04-30", "operating": 1473600000, "investing": -258800000, "financing": -1226500000, "capitalSpending": 317400000, "free": 1156200000, "trend": [ { "fiscalYearEnd": "2022-04-30", "operating": 1136300000, "free": 718800000 }, { "fiscalYearEnd": "2023-04-30", "operating": 1194400000, "free": 717000000 }, { "fiscalYearEnd": "2024-04-30", "operating": 1229400000, "free": 642900000 }, { "fiscalYearEnd": "2025-04-30", "operating": 1210400000, "free": 816600000 }, { "fiscalYearEnd": "2026-04-30", "operating": 1473600000, "free": 1156200000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-04-30", "cash": 58600000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 16219400000, "ladder": null, "currentRatio": 0.78, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.1628, "growth3y": 0.02, "volatility": 0.0503, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.3219, "quadrant": { "code": "ss", "label": "Slow and steady", "plain": "growing slower than its size class, with steadier revenue" }, "compass": { "code": "now", "inside": "Turns 16.3% of revenue into operating cash; revenue growing 2.0% a year over three years; pays and raised its dividend.", "outside": "Among $1B-10B companies: 56th percentile for cash, 37th for growth.", "emoji": "🐄", "label": "Cash cow now", "plain": "steady, with strong cash arriving today" }, "band": "$1B-10B", "cashPctInClass": 56, "growthPctInClass": 37, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 0, "name": "New ship", "plain": "no warning signs" }, "cashFlow": { "fiscalYearEnd": "2026-04-30", "operating": 1473600000, "investing": -258800000, "financing": -1226500000, "capitalSpending": 317400000, "free": 1156200000, "trend": [ { "fiscalYearEnd": "2022-04-30", "operating": 1136300000, "free": 718800000 }, { "fiscalYearEnd": "2023-04-30", "operating": 1194400000, "free": 717000000 }, { "fiscalYearEnd": "2024-04-30", "operating": 1229400000, "free": 642900000 }, { "fiscalYearEnd": "2025-04-30", "operating": 1210400000, "free": 816600000 }, { "fiscalYearEnd": "2026-04-30", "operating": 1473600000, "free": 1156200000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2026-04-30", "cash": 58600000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 16219400000, "ladder": null, "currentRatio": 0.78, "unrealizedGain": null, "unrealizedLoss": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }